office
(619)
717-8508
Pricing
| Comprehensive | Modular | Implement | Advisor Network |
For established firms, we offer the three ways in which we can help you: Comprehensive Efficiency Evaluation Services, Modular Consulting and/or our Advisor Network. We also offer custom-designed packages, depending on the needs of your practice and/or business. For further information or to request a quote, please email us at: info@efficientpractice.com. We can schedule a web-based presentation on these services as well.
This is an in-depth analysis of your practice's (or business's) current operational condition with detailed written recommendations on how to improve efficiency. For the full evaluation, the way we charge for our services is based on a negotiated base fee , usually set at a rate of around 1.5% of your firm’s gross revenue for the last yearly accounting period (except where discounted below).
| Size of Firm/Business/Practice | Base Fee |
| $0 - $500,000 Annual Gross Revenue | $ 6,000 (up to 25% off previous rate) |
| $500k - $1,000,000 Annual Gross Revenue | $10,000 (up to 33% off previous rate) |
| $1,000,001 + | 1 1/2% |
We then perform the evaluation, tracking the actual hours to complete the project measured at a rate of $150/hr. Once complete, we compare the totaled hourly rate to the base fee. If the totaled hourly rate falls short of the base fee, we will discount our fee to the lower number. If the hourly rate rises above the base fee, we cap the final fee to the negotiated base fee. In this way, you have a stop-loss number that the fee cannot go above and we hold ourselves accountable for our own efficiency. Generally, we ask for 50% of the negotiated base fee in advance with the remaining balance (the lesser of either the base amount or totaled hourly fee amount) due upon presentation of the final report.
For more information on our Comprehensive Consulting Services, Please click here!
Our Modular Consulting Services is a fast, streamlined alternative that chooses up to two distinct areas of operations to evaluate for efficiency. The cost is as follows:
|
Size of Firm |
Flat Fee |
| Firms with less than 6 employees | $3,500 |
| Firms with 6 - 10 employees | $6,500 |
| Firms with more than 10 employees | .75% of gross annual revenue or negotiated fee |
100% of this fee is due at signing of the agreement.
For more information on Modular consulting, click here!
Clearly, what sets our services apart from all others is our Implementation Services. If chosen, we oversee the process of change management by coordinating implementation with our partner firms and you. As a team, we assist in the installation and customization of technology, the training of staff, and the mentoring of management to accomplish three key goals:
- to enable the implementation of efficient operations as quickly and with the least impact on your firm's daily operations as possible,
- to provide additional support for those unexpected events/conditions that may arise and,
- to provide a stable, gradual transition to the more efficient platforms, techniques, systems and procedures without overwhelming those who will assume these new duties. Often, our consultants may be acting as a Virtual Chief Operations Officer or similar role during this phase to give them the appropriate authority to enact positive change.
We offer solution implementation support services to make the process of transitioning to a more efficient firm quick and easy. This critical step is designed to provide you with detailed step-by-step instructions on what you need to do to fully implement the plan and transform your practice (business) into an efficient and profitable operation.
This fee is dependant upon the extent of the work uncovered in the evaluation and to what extent you would like assistance in implementing it. We can offer either on-site or remote assistance for implementing your solution plan. This is offered as follows:
| Expense | Fee |
| Travel, lodging, Food, transfers (rental car, etc.) | Covered by you |
| Rate (travel days are not counted) | $150 per hour |
| Partner Rates | Charged separately |
If your practice is located within the States of California or Texas, travel will be based on Automobile gas, tolls, etc. If travel involves outside the States of California or Texas, 'best efforts' will be made to secure the lowest available rates for plane fare, car rental and lodging, when necessary.
To begin either the comprehensive services or to inquire about other services, please click here! We will contact you by the next business day to structure the contract and schedule services. For more information, click here: Consulting
The Efficient Practice Advisor Network is offered as a one-year (renewable) membership. The contract automatically renews for another year unless you state otherwise, in writing, at least 30 days prior to the end of your current contract period. The annual membership fee of $199.95 can be paid through the website. For details and to sign up, click here!
For additional information, please see the associated page(s) on this website or proceed to the Contact Us page.
We also highly recommend our monthly newsletter and archive service (included with the Advisor Network Membership). To learn more, click here!